Prospects brighten for Southeast Asian sukuk market in ‘09

From Forexyard.com: The outlook for Southeast Asia’s Islamic bond market this year is slightly brighter than seen three months ago, helped by funding for government stimulus and hopes for a global economic recovery, a Reuters poll shows.

The region, led by top market Malaysia, is forecast to see at least $5 billion of issuance this year, according to the poll which included bankers and rating agencies, up from the $4 billion estimated in a similar poll in April………Full Article: Source